Fjarde Ap-fonden Fourth Swedish National Pension Fund buys $30,135,884 stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Fjarde Ap-fonden Fourth Swedish National Pension Fund scooped up 5,804 additional shares in UnitedHealth Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 225,029 shares of UnitedHealth Group Inc which is valued at $30,135,884.UnitedHealth Group Inc makes up approximately 0.67% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.

Other Hedge Funds, Including , Duff Phelps Investment Management Co reduced its stake in UNH by selling 150 shares or 1.22% in the most recent quarter. The Hedge Fund company now holds 12,115 shares of UNH which is valued at $1,622,441. UnitedHealth Group Inc makes up approx 0.02% of Duff Phelps Investment Management Co’s portfolio.Legal General Group Plc boosted its stake in UNH in the latest quarter, The investment management firm added 136,785 additional shares and now holds a total of 4,774,386 shares of UnitedHealth Group Inc which is valued at $643,348,514. UnitedHealth Group Inc makes up approx 0.66% of Legal General Group Plc’s portfolio.Creative Planning boosted its stake in UNH in the latest quarter, The investment management firm added 6,447 additional shares and now holds a total of 39,862 shares of UnitedHealth Group Inc which is valued at $5,371,405. UnitedHealth Group Inc makes up approx 0.03% of Creative Planning’s portfolio.

UnitedHealth Group Inc closed down -0.27 points or -0.20% at $133.92 with 34,52,918 shares getting traded on Friday. Post opening the session at $134.78, the shares hit an intraday low of $133.89 and an intraday high of $135.51 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, UnitedHealth Group Inc reported $1.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $1.89. The company had revenue of $46485.00 million for the quarter, compared to analysts expectations of $45039.08 million. The company’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.64 EPS.

Many Wall Street Analysts have commented on UnitedHealth Group Inc. UnitedHealth Group Inc was Upgraded by Argus to ” Buy” on Jul 22, 2016. Company shares were Reiterated by RBC Capital Mkts on Jul 20, 2016 to “Outperform”, Firm has raised the Price Target to $ 165 from a previous price target of $157 .Company shares were Reiterated by Mizuho on Jul 19, 2016 to “Buy”, Firm has raised the Price Target to $ 160 from a previous price target of $156 .

UnitedHealth Group Incorporated is a health and well-being company. The Company’s business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various customers and markets. Optum is a health services business serving the health care marketplace including payers care providers employers Governments life sciences companies and consumers. The Company’s business platforms have four segments: UnitedHealthcare OptumHealth OptumInsight and OptumRx. UnitedHealthcare includes UnitedHealthcare Employer & Individual UnitedHealthcare Medicare & Retirement UnitedHealthcare Community & State and UnitedHealthcare Global. OptumHealth is a health and wellness business serving the physical emotional and financial needs of individuals. OptumInsight provides technology operational and consulting services to participants in the health care industry. OptumRx provides a range of pharmacy benefit management (PBM) services.

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